Tata Motors to bring 10 EVs to Indian market by 2025

Tata Motors is steering its underlying business toward sustainability, promising to bring 10 battery-powered vehicles to the Indian market by 2025 after having set the same deadline globally for a fumes-free Jaguar range.

“As a group, we will invest proactively to set up the charging infrastructure across the country. Tata Motors will lead this change in the Indian market,” Tata Group Chairman N Chandrasekaran told shareholders at the automaker in the latest annual report. “In addition, the Tata Group is actively exploring partnerships in cell and battery manufacturing in India and Europe to secure our supplies of batteries.”

The Nexon is at the vanguard of the automaker’s green drive at home, where EV penetration is expected to surge exponentially in the coming years.


“We are clear that this shift to sustainable mobility is an idea whose time has come, and the Tata Group will move forward with speed and scale to seize this and proactively drive the change in consumer behaviour in India and beyond," Chandrasekaran said. “Your company will be the torch-bearer for green mobility in the automotive world and create a virtuous cycle of growth and returns for our shareholders.”

Tata Motors has a market share of 71% in the passenger electric vehicle space.

Tata Motors owns the Jaguar-Land Rover (JLR) brand, ensuring India's competitive presence in the global luxury car industry currently dominated by German automakers. JLR has begun Tata Motors’ drive toward sustainability, and these brands are targeting 100% zero tailpipe emissions for the portfolio by 2036. Jaguar will become fully electric by 2025, and three-fifths of JLR volumes will be pure BEV vehicles by 2030.

"At the Tata Group, we would like to be among the world leaders on sustainability,” Chandrasekaran said. “As a large and diverse conglomerate based in India but with a global footprint, we are uniquely positioned for this leadership.”

The company expects strong demand at home, paced by increasing consumer preference for personal mobility. However, lockdowns in India and semiconductor shortages worldwide could cause supply disruptions in the short run.

He reiterated that Tata Motors has demonstrated resilience in the face of adversity last year. That should ensure stronger performance in the future, anchored in the visible turnaround engineered last year. Outgoing MD Guenter Butschek told shareholders that through an unprecedented FY21, Tata Motors delivered robust performance across key metrics: Volume, revenue, cost reduction and profitability.

“Our intense efforts resulted in better-than-expected cash savings of Rs 9,300 crores, positive free cash flows of Rs 2,730 crores after interest and improvement in EBIT margin by 370 bps despite a weak first quarter,” said Butschek. A basis point (bps) is 0.01%.

Tata Motors, Butschek said, was focused on enhancing sales momentum, expanding market share, maintaining leadership in sustainable mobility and delivering cash-accretive growth.